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20121202
20121210
Search Results 0 to 4 of about 5 (some duplicates have been removed)
's core demand that the top marginal income rates return to the clinton-era levels of 36%, 39.6% after december 21st, the article goes on to say, the additional revenue would be only about a quarter of the $1.6 trillion that mr. obama wants to collect over ten years. why should republicans agree do that. if it's not going to generate enough revenue, congressman? >> well, it's a down payment on the deal. we want to make sure that middle class taxes don't go up by $2,000 january 1st. that's something that i feel the president feels, republicans and democrats should agree on. that's what we can realistically get done in the next few weeks. a straight up or down vote on the senate bill. we have a discharge petition to bring it to the floor of the house to renew the middle class tax cuts. this will continue in terms of figuring out how to balance the budget. but in the meantime, let's not take $2,000 away from every middle class family. >> let's assume you guys get the rate that you're looking for. let's assume that does happen. how are we going to make up for the rest of the revenue? talki
that rate to 39.6% where it was during the clinton administration. what else is in this new gop proposal? >> reporter: let's show you some of the savings when it comes to government spending. first of all, they put about $600 billion in what the republicans are calling health savings. we understand -- we don't have details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equatio
of mine. good friend of bill clinton's played golf with president obama and bill clinton last sunday. versus this extreme radical tea partier, ken cuccinelli who is the todd akin of virginia. man, that's going to be a good challenge. >> announcer: this is the "bill press show." every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. >> announcer: radio meets television. the "bill press show" now on current tv. >> bill: 33 minutes after the hour now. busy day here on the "full court press" this thursday, december 6th. good to you have with us today. don't forget, you can join
circumstances. >> cenk: it is tough. all i can say that benjamin met yahoo was in the hillary clinton video. maybe he's waiting for 2016. thank you for your time tonight. >> thank you eliot. >> e [ ♪ theme ♪ ] >> bill: hey, good morning everybody. what do you say? it is tuesday, december 4. so good to see you today. welcome to the "full court press" here on current tv. your new progressive morning show. the only progressive morning show anywhere on cable television in this country. good to have you with us this morning. we will tell you -- bring you up to date on all of the latest news of the day and take your calls at 1-866-55-press. and word is out this morning that roger ails told david petraeus when he was still in iraq that he should quit and run for president of the united states against barack obama and if he did so, roger ails said he would quit fox news and run his campaign. how about it. don't tell me fox news is not the broadcast arm of the republican party. that proves it! all right. we'll get into that and a w
Search Results 0 to 4 of about 5 (some duplicates have been removed)